$670,000
SOLD JUL 15, 2025

9820 E Lakeshore Dr Prescott Valley, AZ 86314

-- Bed
-- Bath
2,898 Sq Ft
2004 Built

Recently Sold

$231 Per Sq Ft

105 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • 2-minute walk to Duck Pond
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of September 2023

Experience the perfect investment opportunity with this well-designed triplex in Prescott Valley. This multi-family property features two identical units, each offering 2 bedrooms/ 2 bathrooms, PLUS a cozy 1 bedroom/1 bath apartment. Each unit offers an open floor plan with 9-foot ceilings, creating an airy, welcoming atmosphere. Quality Oak cabinetry throughout adds warmth and durability to these spaces. Two larger units feature interior laundry rooms and attached single-car garages with automatic openers. The studio unit provides its own dedicated driveway and parking space and an interior stackable laundry closet. Situated in a highly sought-after location, this property presents an excellent opportunity for investors seeking a low-maintenance, multi-family investment.

Last Agent to Sell the Property

Jinger Cutting

Superlative Realty License #BR104354000 Listed on: 03/03/2025

Superlative Realty

Last Buyer's Agent

Debra Roach-Lee

My Home Group Real Estate License #SA688739000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 2004

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 557
  • Assessor Parcel Number 402-21-542-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 116.21x110x100x110

Building Details

  • Operating Expense $2,258
  • Gross Income $45,350
  • Net Operating Income $41,655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,258

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R2-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2024
  • Directions: From Fain Road, take the Lakeshore exit to sign and property on the right.
  • Road Surface Type: Asphalt
  • Garage Yn: Yes
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Other, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Garage: Yes

Utilities

  • Electric: City Electric
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Lot Info

  • Lot Size: 116.21x110x100x110
  • Additional Parcels: No
  • Parcel #: 402-21-542-B

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 3
  • Annual Gross Income: 45350.0
  • Property Net Operating Income: 41655.0
  • Annual Operating Expense: 2258.0

Tax Info

  • Tax Annual Amount: 2258.0
  • Tax Book Number: 402.00
  • Tax Lot: 557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 22, 2023
Sold by
Bonnie L Cormier Separate Property Trust
Bought by
Kuo Ingrid
Seller's Agent
Nicole Strong
Real Broker
Buyer's Agent
Carly Laipple
Windermere RE Northern AZ
List Price
$715,000
Sold Price
$695,000
Premium/Discount to List
-$20,000
-2.8%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.31%
Original Mortgage
$521,250
Outstanding Balance
$511,895
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$166,917

Purchase Details

Closed on
Jul 21, 2009
Sold by
The Trojan Family Limited Partnership
Bought by
Cormier Bonnie L

Purchase Details

Closed on
Aug 10, 2004
Sold by
Stoddard Drew F and Stoddard Susan J
Bought by
Stoddard Drew F and Stoddard Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 1995
Sold by
Stoddard Wilcox R and Stoddard Gloria G
Bought by
Stoddard Drew F and Stoddard Susan J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $695,000 Driggs Title Agency
Cash Sale Deed $265,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- --
Cash Sale Deed $12,900 First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $521,250 New Conventional
Previous Owner $208,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $685,000 -1.4% $229 / Sq Ft
09/29/2023 09/29/23 Sold $695,000 -2.8% $232 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $715,000 -- $239 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,258 $52,622 -- --
2024 $2,094 $56,600 -- --
2023 $2,094 $45,948 $4,553 $41,395
2022 $2,060 $35,005 $3,294 $31,711
2021 $2,115 $32,353 $3,200 $29,153
2020 $2,041 $0 $0 $0
2019 $2,014 $0 $0 $0
2018 $1,926 $0 $0 $0
2017 $1,888 $0 $0 $0
2016 $1,828 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6830404

Arizona Regional Multiple Listing Service (ARMLS)

APN: 402-21-542B